Capital Goods Sector Wrap

Although it moved in the opposite direction of the market, the ETF tracked closer to the overall market today than it has over the past week. Going into trading today, XLI was up 0.8% over the last seven trading days. The S&P 500, in comparison, was up 2.5%.

Great Lakes Dredge & Dock Corporation (GLDD) was a major loser in the sector, falling 6.7% (-50 cents) to close at $6.91 with 528,169 shares moving. The stock traded between $6.88 and $7.52. Share price went up over the last three months, now up 34 cents (5.2%) from $6.57 on February 2, 2012.

AGCO Corporation (AGCO) was a significant gainer in the sector, rising 5.9%. The stock closed at $49.34 with three million shares moving. The stock traded in a range of $49.20 to $51.25. Share price has been increasing, and is up $4.18 (9.3%) from a price of $45.16 on April 24, 2012.

Sensata Technologies Holding N.V (ST) rose 4% to close at $33.02, cross its 50-day moving average of $32.83 and 200-day moving average of $30.95. Gardner Denver (GDI) declined 1.5% to close at $64.16, moving below its 50-day moving average of $64.47 and 200-day moving average of $72.03.

Armstrong World Industries (AWI) rose 2.2% to close at $45, approaching its 50-day moving average of $48.70. It has also moved closer to its 200-day moving average of $46.05. AAON (AAON) fell 2.2% to close at $19.95, moving closer to its 50-day moving average of $19.68. Also, the stock moved closer to its 200-day moving average of $19.79.

Caesarstone Sdot-Yam (CSTE) hit a new 52-week high today, reaching $13.37 to top the previous high of $12.75.